Danilo Suarez urges government to look at Hong Kong model for power sector
Quezon 3rd District Representative Danilo Suarez, in his Manila Standard column, said the Electric Power Industry Reform Act (EPIRA) of 2001 can be amended to improve our country’s power sector.
The Quezon politiko explained that under EPIRA, power generation in the country has been privatized, the government-owned National Transmission Company (TransCo) owns the transmission assets, while
By virtue of the Epira, power generation was privatized, the ownership of transmission assets was retained by the government-owned National Transmission Company (TransCo), while the operation, maintenance, and expansion of the grid bidded out to the National Grid Corporation of the Philippines (NGCP).
Suarez said the Philippines should look at Hong Kong for a possible model to improve its power sector, citing Hong Kong’s two main electricity generation companies — the HK Electric and the China Light and Power.
“It is worth considering the structure of the Hong Kong power industry, specifically, when single entity is accountable for the end-to-end power process. This would make it easier for the government to regulate the power industry,” he said.
Recommended on other sites
Politiko Main Latest News
North Luzon Latest News
Metro Manila Latest News
Central Luzon Latest News
Bicol Latest News
Visayas Latest News
The comments posted on this site do not necessarily represent or reflect the views of management and owner of POLITICS.com.ph. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.